Global CdTe Solar Panel Market Growth 2025-2031

The global CdTe Solar Panel market size is predicted to grow from US$ 1275 million in 2025 to US$ 2165 million in 2031; it is expected to grow at a CAGR of 9.2% from 2025 to 2031.

Cadmium Telluride solar panels are the most popular thin-film solar panels available in the market. These represent around 5% of the solar panels in the world market and come only second to crystalline silicon panels.

United States market for CdTe Solar Panel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for CdTe Solar Panel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for CdTe Solar Panel is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key CdTe Solar Panel players cover First Solar, Hangzhou Advanced Solar Power, Antec Solar, Calyxo, Chengdu CNBM Optoelectronic Materials, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “CdTe Solar Panel Industry Forecast” looks at past sales and reviews total world CdTe Solar Panel sales in 2024, providing a comprehensive analysis by region and market sector of projected CdTe Solar Panel sales for 2025 through 2031. With CdTe Solar Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CdTe Solar Panel industry.

This Insight Report provides a comprehensive analysis of the global CdTe Solar Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CdTe Solar Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CdTe Solar Panel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CdTe Solar Panel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CdTe Solar Panel.

This report presents a comprehensive overview, market shares, and growth opportunities of CdTe Solar Panel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rigid
Flexible

Segmentation by Application:
Public Utility
Residential
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
First Solar
Hangzhou Advanced Solar Power
Antec Solar
Calyxo
Chengdu CNBM Optoelectronic Materials
Reel Solar
D2solar
Dmsolar
Toledo Solar
Willard and Kelsey (WK) Solar
NREL
CTF Solar GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global CdTe Solar Panel market?

What factors are driving CdTe Solar Panel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CdTe Solar Panel market opportunities vary by end market size?

How does CdTe Solar Panel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver. Show more